Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.
AI
Riskthinking.AI selected by OSFI to provide financial institutions with climate risk data
Exercise aims to encourage FIs to adopt sound climate risk management practices.
A|I: The AI Times – Microsoft and OpenAI team up to build $100-billion AI supercomputer
Plus: Feds pledge $2B to bolster AI compute, startups, and safety.
Intel says enterprises need choice to scale AI’s potential
To deliver usability at the enterprise level, AI needs open ecosystems, not walled garden tech.
Hootsuite to acquire social media analytics company Talkwalker
Hootsuite shifting from social media management to intelligence.
Is Québec Canada’s quantum province?
Quantacet managing partner Martin Laforest joins to discuss quantum tech’s “degrees of sexiness.”
Federal government commits $2.4 billion to AI compute, startups, and safety through Budget 2024
Liberals aim to help “maintain Canada’s competitive edge” in AI with new spending.
With $7.75 million CAD, new CEO, Boston office, TrojAI looks to expand operations
Incoming CEO Lee Weiner was previously senior executive at Boston-based Rapid7 for 11 years.
Cohere introduces new LLM for businesses alongside Microsoft Azure collaboration
Enterprise-focused OpenAI competitor is reportedly in talks to raise at least $500 million at $5 billion valuation.
Meet the Y Combinator Winter 2024 cohort startups with Canadian roots
W24 participants include Senso, DraftAid, AgentHub, GovernGPT, Datacurve, and more.
A|I: The AI Times – Canadian pension manager to co-lead deal valuing Cohere at $5 billion
Plus: Feds broaden foreign investment scrutiny; Why Apple bought DarwinAI.
Feds, Québec commit $16 million to create an AI computing cluster at Université Laval
The funding follows recent calls to increase Canada’s AI computing power.
Flare acquires US-based competitor Foretrace
Flare claims it experienced triple-digital growth in 2023.
A|I: The AI Times – Cohere seeks big-time valuation despite small-time revenue
Plus: Canada’s underinvestment in computing threatens its AI advantage.
RealSage closes $5.5 million CAD to fuel growth of AI-powered real estate software
Proptech firm aims to serve more multi-family rental housing providers south of the border.